Take-Two (TTWO) Form 144 Files Proposed Sale of 2,325 Shares
Rhea-AI Filing Summary
Take-Two Interactive (TTWO) filed a Form 144 proposing the sale of 2,325 common shares held in a brokerage account at Fidelity Brokerage Services. The filing reports an aggregate market value of $528,867.75 for the proposed sale, with an approximate sale date of 08/21/2025 and the securities listed on NASDAQ. The company reports 184,470,212 shares outstanding, providing context for the size of the proposed sale relative to the firm's total shares. The shares to be sold were acquired through restricted stock vesting on multiple dates between 08/11/2021 and 08/16/2025, and no securities sales by the same person in the past three months were reported.
Positive
- Full transaction details disclosed: number of shares, aggregate market value, approximate sale date, exchange, and outstanding shares are provided.
- Securities were acquired via restricted stock vesting: acquisition method is clearly documented across multiple dates, showing these are compensation-related shares.
- No recent sales reported: the filer indicates "Nothing to Report" for securities sold during the past three months.
Negative
- Limited issuer and filer identification: the filing text lacks explicit issuer name, filer CIK, and contact details in the visible content.
- No 10b5-1 plan date provided: the filing does not state a plan adoption or instruction date (if applicable) in the remarks shown.
- Potential proximity of vesting to sale: one vesting date (08/16/2025) is very close to the approximate sale date (08/21/2025), which may be relevant to timing of insider liquidity (factually disclosed).
Insights
TL;DR: Routine Rule 144 notice that discloses a small proposed sale of vested restricted stock on NASDAQ.
The filing documents a proposed sale of 2,325 common shares with an aggregate market value of $528,867.75 and lists 184,470,212 shares outstanding, making the lot size negligible in absolute terms. The securities were acquired through restricted stock vesting on several dates from 2021 through 08/16/2025, indicating these are vested compensation shares rather than open-market purchases. No sales in the past three months were reported for the account. For investors, this is a standard insider-related liquidity event disclosure required under Rule 144; it provides transparency but does not, by itself, convey operational or financial changes to the issuer.
TL;DR: Compliance-focused disclosure showing an individual intends to sell vested compensation shares; procedural and non-material by itself.
The Form 144 shows the seller acquired shares via restricted stock vesting from the issuer across six dates and now proposes to sell 2,325 shares through Fidelity Brokerage Services. The notice includes an attestation that the person signing does not possess undisclosed material adverse information. No Plan adoption or 10b5-1 instruction dates are provided in the visible content. The disclosure fulfills procedural requirements for transparency around insider-originated sales but does not include identifying details of the filer or any indication of broader governance actions.
FAQ
What does the TTWO Form 144 propose to sell?
What is the aggregate market value of the proposed sale in the TTWO Form 144?
When is the approximate sale date listed for the TTWO Form 144?
How were the shares to be sold in the TTWO Form 144 acquired?
On which exchange are the securities in the TTWO Form 144 listed?
How many shares outstanding does the TTWO filing report?